The UN confirms the extension of the "grain deal"

The United Nations has confirmed the extension of the grain deal, which expired on Saturday, March 18.

According to Ukrinform, this was reported by the UN press service.

"The Black Sea Grain Initiative, signed in Istanbul on July 22, 2022, has been extended. The initiative allows to facilitate safe navigation for the export of grain and related food products and fertilizers, including ammonia, from certain Ukrainian seaports," the organization said in a statement.

It was recalled that since the beginning of the agreement, about 25 million tons of agricultural products have been delivered to 45 countries, which contributed to the reduction of world food prices and stabilization of markets.

At the same time, the UN did not specify for how long the grain deal was extended.

The extension of the agreement was also positively assessed by US Ambassador to Ukraine Bridget Brink. She wrote about this in her Twitter account.

"More than 24 million tons of food have been exported under the Black Sea Grain Initiative since August. We are pleased to see this vital initiative extended for another 120 days to ensure that Ukrainian grain continues to reach consumers around the world," she said in a tweet.

Author - Serhii Kolomiets, 19/03/2023